Apr 03 Stocks waver after goverment reports 700,000 job losses By Associated Press Stocks are wavering in early trading on Wall Street after the government reported that more than 700,000 jobs were lost last month. Continue reading
Apr 03 NYC mayor urges national enlistment program for doctors By Associated Press New York City Mayor Bill de Blasio is calling for a national enlistment program for doctors and nurses to handle an expected surge in coronavirus cases in New York and other places around the country. Continue reading
Apr 03 Novel coronavirus ends 50-year-low jobless rate in U.S. By Michael Sisak, John Leicester, Aritz Parra, Associated Press The U.S. government figures do not include the last two weeks, when nearly 10 million thrown-out-of-work Americans applied for unemployment benefits. Continue reading
Apr 02 Carnegie Hall projects $9 million deficit, expects cuts next season By Ronald Blum, Associated Press More than 170 concerts are scheduled for next season but some likely will be dropped. It has not decided whether layoffs will be needed. Continue reading
Apr 02 Central Park houses hospital ward as NY races to add beds By Jennifer Peltz, Associated Press Spaces including pro tennis courts, college dorms and a cruise ship terminal are supposed to start housing patients over the next few weeks. Continue reading
Apr 02 Trump administration pledges crackdown on black-market medical gear By Associated Press The national Defense Production Act policy coordinator, Peter Navarro, says there is a "black market springing up" to drive up prices of protective gear. He said the federal government would step in to stop the practice. Continue reading
Apr 02 Watch 8:04 U.S. facing 2-front war amid medical crisis and economic collapse The coronavirus pandemic has infected at least 1 million people and killed over 50,000 worldwide. In the U.S., President Trump is taking new action to bolster medical supplies, and unemployment is surging. Meanwhile, the U.S. Navy relieved the captain of… Continue watching
Apr 02 Watch 4:29 Stories from Americans suffering the pandemic’s financial fallout The loss of jobs caused by the coronavirus pandemic and its fallout is unprecedented in the U.S. Over 10 million Americans became unemployed in the past two weeks alone -- and economists say there are many more who have not… Continue watching
Apr 02 Watch 6:31 Why the speed and scope of U.S. job losses complicate federal response What does the coronavirus pandemic’s unprecedented surge in job loss mean for the American economy? Professor and economist Laura Tyson served as chair of the Council of Economic Advisers during the Clinton administration. She joins Judy Woodruff to discuss whether… Continue watching
Apr 02 Watch 6:27 Will these shuttered restaurants be able to reopen after pandemic? By Paul Solman A sector of the economy that is being hit especially hard amid the coronavirus pandemic is the restaurant industry. In normal times, Americans were spending roughly as much money on dining out as they were at grocery stores. With restaurants… Continue watching